$4 Billion Canadian Wealth Manager Selects SS&C as its Fund Administrator

Nicola Wealth Management turns to SS&C for its expertise, technology platform and Canada-based service teams

WINDSOR, Conn., April 28, 2016 /CNW/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC), a global provider of financial services software and software-enabled services, today announced that it has been appointed by Nicola Wealth Management ("NWM") to provide a range of fund administration services for nearly $4 billion in assets under management (AUM).

NWM has grown to be one of Canada's leading independent wealth management firms with close to $4 billion AUM and over 130 employees in four locations across Canada, including Vancouver and Toronto. SS&C will provide NWM with a full range of administration services including fund accounting and investor services. NWM will benefit from SS&C's expertise and service, while its technology platform will support NWM's 15 funds and 4 limited partnerships. 

"Working with SS&C will allow us to improve productivity and internal control", commented Michael Taylor, Chief Financial Officer, NWM.    "Repositioning our fund accounting and transfer agency service requirements with SS&C will reduce operational risk and will allow us to better serve our clients as we continue to grow into the future. We are impressed with SS&C's large suite of sophisticated technology offerings and its operating platform in Canada and around the world."

With more than 400 employees based in five office locations across Canada, SS&C delivers bilingual client support, product development, and localized expertise to more than 370 Canadian investment firms, ranging from CAD $100 million to $250 billion in assets under management.

"We are pleased to add NWM to our growing list of Canadian clients," noted Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Canada is a key market for us, and we look forward to helping NWM meet the challenges investment firms face in an increasingly complex regulatory and operational environment."

About Nicola Wealth Management
Established in 1994, Nicola Wealth Management (www.nicolawealth.com) is Canada's fastest growing asset fund management and private investment counsel firm (Investor Economics 2015) with nearly $4 billion in assets under management.  The firm provides portfolio diversification well beyond stocks and bonds, comprehensive and integrated wealth planning, and consistent and stable returns, serving affluent families, institutions, and foundations across Canada.

About SS&C Technologies
SS&C is a global provider of investment and financial software-enabled services and software for the global financial services industry. Founded in 1986, SS&C is headquartered in Windsor, Connecticut and has offices around the world. Some 10,000 financial services organizations, from the world's largest institutions to local firms, manage and account for their investments using SS&C's products and services. These clients manage an aggregate of over $44 trillion in assets.

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For further information: Patrick Pedonti, Chief Financial Officer, Tel: +1-860-298-4738, E-mail: InvestorRelations@sscinc.com or Justine Stone, Investor Relations, Tel: +1- 212-367-4705, E-mail: InvestorRelations@sscinc.com; Media Contacts: Sarah Mason, Metia (UK), Tel. +44 (0)20 3100 3613, Email: ss&c@metia.com or Megan Griffin, BackBay Communications (US), Tel: +1-617-556-9982 ext.221, Email: ss&c@metia.com, http://www.ssctech.com

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